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2603 W Grace Street

Richmond, VA 23220
  • $585,000
  • STATUS: Active
  • ON SITE: 184 Days
  • MLS #: 2428193
UPDATED: 30 min ago
$585,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,518
    SQFT
  • $385
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Information

Elementary School:
Fox
Middle School:
High School:

Description

Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and a half bathroom, offers the potential for conversion into a third apartment, maximizing your rental income. With a convenient rear parking lot accommodating 4-5 vehicles, accessibility is a breeze for both tenants and clients. Don't miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

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Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-29T12:57:45.8.
www.kevincurriegroup.com/homes/157200580
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2603 W Grace Street Richmond, VA 23220

  • Price: $585,000
  • Status: Active
  • On Site: 184 Days
  • Updated: 30 min ago
  • MLS #: 2428193
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1,518
SQFT
$385
$/SQFT
1958
Built
Neighborhood:
None
County:
Richmond City
Area:
10 - Richmond
Elementary School:
Fox
Middle School:
Dogwood
High School:
Thomas Jefferson
Property Description
Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and a half bathroom, offers the potential for conversion into a third apartment, maximizing your rental income. With a convenient rear parking lot accommodating 4-5 vehicles, accessibility is a breeze for both tenants and clients. Don't miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.
Exterior Features

Architectural Style Other Construction Materials Brick Drywall Frame Plaster Exterior Features Awning(s) Lighting Storage Shed Fencing None Garage YN No Levels One Parking Features Alley Access Off Street Patio And Porch Features Front Porch Roof Metal Shingle Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement YN No Interior Features Bedroom on Main Level

Property Features

Disclosures Disclosure on File Occupant Type Tenant Ownership Individuals Property Sub Type Triplex Sewer Public Sewer Tax Annual Amount 6168 Tax Year 2024 Water Source Public Year Built Details Approximate Zoning Description R-48

Central Virginia Regional MLS logo Listing provided by ERA Woody Hogg & Assoc: (804) 559-4644. Listing information © 2025 CVRMLS and CBRAR.


Central Virginia Regional MLS logo All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-29T12:57:45.8.
 
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Kevin Currie Group | Hometown Realty
3027 W. Cary St.
Richmond VA, 23221